# Vedanta and Foxconn to build $19.5bn chip plant in Gujarat, India

Vedanta and Foxconn have signed agreements with the Gujarat government to build an integrated semiconductor and display production complex in Gujarat, with an investment of Rs 1.54 trillion ($19.4 billion). The complex is expected to be operational by 2024.

- Type: New facility
- Announced: 2020-05-31
- Where: Gujarat, India
- Value: $19.4B
- Starts operating: 2024
- Status: announced
- Products: semiconductors, display glass
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Vedanta](https://endata.com/companies/10003.md) (investor)
- [Foxconn](https://endata.com/companies/15170.md) (investor)

## Sources

- [fiscalnepal.com](https://www.fiscalnepal.com/2022/09/14/10530/vedanta-and-foxconn-to-build-19-5bn-chip-plant-in-indias-gujarat/), 2020-05-31: "India has enough demand for five to 10 such fabs, and we are going to mostly capture the local demand."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.